News: Brokerage

Delisle and Monahan of Island Associates negotiate a 10 year lease term with Planet Fitness

Miami Gardens, FL Roger Delisle and Robert Monahan of Island Associates successfully negotiated a new 10 year lease term with Planet Fitness to continue their tenancy at Dolphin Plaza. Planet Fitness is showing their long-term commitment to the site by extending their lease 10 years and investing over $1.5 million in renovations to the facility. Planet Fitness is a well-known brand in the fitness industry operating over 2,600 clubs. Island Associates was successful in negotiating a rent increase benefiting the landlord while also securing the tenant’s position in the market for the long term. Dolphin Plaza is a 98,000 s/f center anchored by Winn Dixie Supermarket, Planet Fitness, FootLocker, Ashley Stewart, and Little Caesars Pizza.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.